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HEALTH INSURANCE CLAIM NIVA
Rs 5 lakh health insurance claim denied by insurer over waiting period for pancreatitis; here's why the policyholder's wife wonA health insurer cannot automatically reject claims using waiting-period clauses. The Mumbai Consumer Commission ruled that insurers must p...- LIC expects no immediate government stake sale, eyes long-term growth: CEOLIC does not expect the government to sell another stake in the insurer in the immediate future, CEO R Doraiswamy said. The state-owned ins...
- Whose bill is it when the fire spares the house but poisons the air? California just made that callCalifornia wildfire survivors gain new protections with the Smoke Damage Recovery Act. This legislation establishes the nation's first scie...
- Should homemakers buy a term plan? Here’s why their unpaid work has real financial valueThe contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...
- ₹1 crore health insurance for each of 18 family members at just ₹7,000 a year: Marwadi grandfather’s secret strategy to handle medical emergency goes viralMarwadi grandfather pays ₹7,000 a year to insure 18 family members for ₹1 crore: A wealth advisor’s viral X post highlights how a Marwadi g...
- Public Insurance Registry: From tracking policies to improving claim processing, how PIR could benefit policyholdersIndia's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at ...
- Nepal floods could cost insurers over $130 mln even before death, injury claimsNepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage f...
- Insurer can't reject claim if alcohol habit disclosed before policy purchase: Consumer commissionA consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite di...
- Nepal floods could cost insurers over $130 million even before death, injury claimsNepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...
- Should young professionals buy health insurance beyond their employer cover?Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your ...
- Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
- Won't chase top-line growth at any cost: SBI General CEO on fire insurance pricing warSBI General Insurance will not chase fire insurance business at unsustainable prices. The company aims to improve profitability and maintai...
- IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...
- Insurer rejects motor insurance claim citing invalid driving licence; policyholder fights back and wins Rs 3.5 lakh in consumer commissionA motor insurance claim was rejected by HDFC General Insurance over driver's license concerns. The West Bengal Consumer Commission found in...
- Health insurance during pregnancy: When unrelated illnesses can lead to claim rejectionWithout maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...
- Fire insurance premiums fall 28% in Q1 amid deep discountingFire insurance premiums dropped significantly in the first four months of the financial year. Aggressive discounting on large industrial ri...
- Is ₹5-10 lakh health insurance cover enough? Check these 3 factors to know how much you needHealthcare costs in India are soaring due to escalating medical inflation. Experts warn that securing adequate health insurance is no longe...
- IRDAI bars Niva Bupa from opening new offices for six monthsNiva Bupa Health Insurance received an order from the regulator to halt new places of business. This action stems from failing to meet expe...
- Stocks in news: BPCL, HAL, RailTel, Saatvik Green Energy and Samvardhana MothersonIndian equity benchmarks ended a seven-session losing streak on Thursday, August 20. The NSE Nifty50 closed higher, reclaiming its 50-day e...
- Niva Bupa, Acko General Insurance barred from opening places of biz for 6 monthsNiva Bupa's allowable expense for FY25 was Rs 2,403.75 crore, while its actual expenses stood at Rs 2,652.12 crore, exceeding the limit by ...
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